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CTF Development Acquires 49-Room Capella Washington, D.C. for $65 Million

Firm to Rebrand Georgetown Hotel Under Rosewood Hotels & Resorts Banner
By Catherine May
April 26, 2016 | 8:02 P.M.

CTF Development is bringing the Rosewood Hotels & Resorts brand to the nation's capital following news the firm has acquired the 49-room Capella Washington, D.C. in Georgetown for $65 million, or approximately $1.33 million per key.

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